Greater Orlando Real Estate Blog
This article was printed in the Sept. 19, 2008 edition of the Orlando Business Journal.
The past year has been a rocky one for the U.S. economy.
The nation has seen 394,000 private-sector jobs slip away since mid-2007, equaling a loss of 7,570 jobs each week. The unemployment rate has shot up a full point during the [...]
Good News- Bad News in the Orlando Resale Market in July. The number of homes sold increased 11.6% from July, 2007, but the me diam sale price decreased 19% from $258,000 in July, 2007 to $209,100 in July 2008. Here’s the complete story form Orlando’s Business Journal, published 8/25/208:
The Orlando housing market saw an improvement [...]
This article was published in the Jacksonvile Business Journal on August 8, 2008 by Chtistian Conte:
Since hitting a low in January, local single-family house and condominium sales have doubled in the first six months of 2008, a trend some hope is proof the residential market is starting to rebound.
The 1,013 existing single-family houses sold in [...]
This is Part 2 of 2008 1st Half Heathrow, FL Real Estate Update
Heathrow is a lovely, gated, golf course community located north of Orlando, FL. It consists of custom and semi-custom single family homes, condos, and townhouses. 51 custom homes were sold in Heathrow in 2007. During the first half of 2008, 13 custom homes [...]
This is Part 1 of 2008 1st Half Heathrow, FL Real Estate Updatw
Heathrow is a lovely, gated, golf course community located north of Orlando, FL. It consists of custom and semi-custom single family homes, condos, and townhouses. 61 semi-custom homes were sold in Heathrow in 2007. During the first half of 2008, 18 semi-custom homes [...]
Home prices continue to decrease in Sanford, FL. In fact, since the market peak in 2006, the Median Price for single family homes has decreased 17% from $465,450 in 2006 to $385,000 for YTD, 2008. The < $200,000 price band of single family homes saw a similar impact with a price decrease of 35% from [...]
Here’s an interesting article that was in today’s publication of the Orlando Business Journal:
More than 1,400 Orlando-area homes were added to the market in January, pushing the inventory to a nearly three-year supply, according to the Orlando Regional Realtor Association.
The association reports 25,724 homes are for sale in the Orlando area through the multiple listings service, [...]
Seminole County is located in the Greater Orlando Florida area and boosts some of the premiere neighbors in Central Florida.
One of my favorite neighborhoods is Alaqua which is a gated, golf community in Longwood, Florida. All homes are custom built and most are on 1+ acre. Alaqua Country Club is located within the gates [...]
This is big boost from the Federal Government to help our market. We’ve been seeing quite a difference in the rates between conforming and non-conforming “Jumbo” loans. This measure is another reason it’s a great time to buy!
House OKs Lift on Fannie, Freddie Loan Limits
The economic stimulus package hammered out between the White House and Congress on [...]
In December Congress passed sweeping legislation intended to help home sellers with foreclosures, short sales, deed in lieu of foreclosures, and loan modifications. Prior to this bill discharged debt had been considered ordinary income to the borrower for income tax purposes. Under certain circumstance (see below) taxpayers may now exclude this amount and the associated [...]
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